Auction Results – Block 1 Section 60 Kingston Foreshore

The Land Development Agency (LDA) sells residential land in a variety of ways, Over the Counter, Auction and Ballot.

Over the Counter

From time to time the LDA sells land Over the Counter. This usually occurs when land has been offered for sale via a sales event such as a ballot or auction and blocks are unsold or returned to the market at a later date.

Land available for sale Over the Counter is advertised on the LDA website and sold either directly through the LDA or through one of the LDA’s exclusive selling agents.

Ballot Process

A new land release in an LDA residential estate may be offered for sale through the LDA’s ballot system. The ballot system is the fairest and most transparent way the LDA can sell residential blocks to the public.

Block prices are set at the market value, which allows the buyer to purchase the block without the risk of a higher bidder obtaining the block.

Auction Process

Any interested parties must register to participate in an LDA auction. Details of how to register are available as part of the Sales Documentation for each auction. Once registered, a bidder’s number will be provided which is held up to indicate to the auctioneer that the bidder wishes to place a bid.

The block will be sold to the bidder with the highest bid above the undisclosed reserve price.

Community Consultation and Engagement

The Land Development Agency (LDA) is dedicated to achieving new standards of innovation, excellence and value in urban design and sustainable development. As an agency that develops and sells land on behalf of the ACT Government, our aim is to build better communities for the benefit of Canberrans.

Telephone

Postal Address

Facsimile

Telephone

Email

Enquiry / Feedback

The LDA would like to hear from you if you have any questions or feedback about our projects. Click on the following link to submit an online enquiry and our friendly staff will contact you as soon as possible.

Denman Prospect Englobo Opportunity

The Land Development Agency (LDA) sells residential land in a variety of ways, Over the Counter, Auction and Ballot.

Over the Counter

From time to time the LDA sells land Over the Counter. This usually occurs when land has been offered for sale via a sales event such as a ballot or auction and blocks are unsold or returned to the market at a later date.

Land available for sale Over the Counter is advertised on the LDA website and sold either directly through the LDA or through one of the LDA’s exclusive selling agents.

Ballot Process

A new land release in an LDA residential estate may be offered for sale through the LDA’s ballot system. The ballot system is the fairest and most transparent way the LDA can sell residential blocks to the public.

Block prices are set at the market value, which allows the buyer to purchase the block without the risk of a higher bidder obtaining the block.

Auction Process

Any interested parties must register to participate in an LDA auction. Details of how to register are available as part of the Sales Documentation for each auction. Once registered, a bidder’s number will be provided which is held up to indicate to the auctioneer that the bidder wishes to place a bid.

The block will be sold to the bidder with the highest bid above the undisclosed reserve price.

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Community Consultation and Engagement

The Land Development Agency (LDA) is dedicated to achieving new standards of innovation, excellence and value in urban design and sustainable development. As an agency that develops and sells land on behalf of the ACT Government, our aim is to build better communities for the benefit of Canberrans.

Telephone

Postal Address

Facsimile

Telephone

Email

Enquiry / Feedback

The LDA would like to hear from you if you have any questions or feedback about our projects. Click on the following link to submit an online enquiry and our friendly staff will contact you as soon as possible.